Off Licence and Convenience Store in Middlesex For Sale

Situated in a parade, excellent trading position, MIDDLESEX

Turnover £ 12,000
Price £210,000

Features

Full Free off Licence Plus Confectionery, Tobacco & Convenience Groceries

SPACIOUS SINGLE FRONTED SALES SHOP in the region of 800/900 sq. ft. sales area with non-slip floor, fluorescent lighting & well equipped including 2 deep freezers, 3 open cool display units, modern adjustable shelving, 1 electronic cash register with scanning.

Kitchen
Staff w.c. & wash hand basin
Stockroom

Turnover

WE ARE INFORMED the turnover averages £11,000/£13,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 20% approx. In addition there is a counter in the shop let for mobile repairs & we understand that the owner of the business is receiving at the present time £200 p.w. rent.

Staff

At present operated by the owner with family help when required.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 10 p.m.
Sunday opening 8 a.m. - 9 p.m.

Outside

Small covered yard at rear utilized for storage purposes

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 8 years unexpired at a rental of £26,000 p.a. exclusive of rates for the next 3 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates 2025 / 2026: £7,000 p.a (after small business relief)
RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £210,000 plus STOCK AT VALUATION (£35,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 105,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote